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A Multiple Regression Is Shown Below for a Data Set

question 92

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A multiple regression is shown below for a data set of yachts where the dependent variable is the price of the boat in thousands of dollars. A multiple regression is shown below for a data set of yachts where the dependent variable is the price of the boat in thousands of dollars.   Given this information, what percentage of variation in the dependent variable is explained by the regression model? A)  Approximately 68 percent B)  About 83 percent C)  About 37 percent D)  About 60 percent Given this information, what percentage of variation in the dependent variable is explained by the regression model?

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Definitions:

Feedback

Information provided by recipients of a service, product, or performance, used to assess and improve future outputs.

Presented

The act of showing or offering something for observation, examination, or consideration.

Communications

The process of transferring information, thoughts, and messages between people or groups through spoken words, written text, or other mediums.

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